It's a popular investment area

rusty05 wrote:
Oh, one other thing… when brokers list under the categories of Freehold, Leasehold or Investment Motels does it typically mean Freehold is with no lease in place and Investment is Freehold with a lease in place (as in a passive investment)?

Ta!

Hi Rusty. You got it right. Investment sounds a bit generic but with a lease…[Read more]

Choady is on the money. People say it's not just what you earn but how much you keep.
If the goal is important, then shop frugally, live as cheap as a mouse for a month, just try it,, turning off lights like mad, reduce heating or cooling, walk anytime possible instead of the car, delete bought lunches and cappuccinos, stay home, do everything…[Read more]

Hi JPHoth.
Can you update us on your purchase and how it's going ?
Hope it's a success.
Cheers
thecrest

Hi APWPG.
Not sure what you're seeking, so you need to post specific details.
Cheers
thecrest

Hi Rusty.
You’re on the right track Rusty. Lets get the terminology listed first.
Freehold Motel – no lease exists. Could be owner operated or under management.
Motel Investment  – the landlord’s interest in the lease (land, building). Income is the rent from a lessee/tenant, who operates the motel or employs a manager.

You can buy a freehold…[Read more]

Centrelink –  Monaro Shire – the Snowy area perhaps ?
Unfortunately  sometimes its a case of    " Only our taxes at work. "

The old Jewish saying   " feed 'em, clothe 'em, house 'em "   was meant to refer to 
business security, not social security. 

But no objection to helping those in genuine…[Read more]

Greed and need motivates people to work and be industrious.
Capitalism addresses the need to exchange that work for income.
Systems fall apart eventually without strict control.
People rebel eventually against oppression.

So perhaps we should be looking for a capitalistic democracy run by a benign dictator or sovereign with no…[Read more]

Growing illegal dope in your property shows a complete disregard for everyone. Not much point discussing your feelings with someone who doesn't care. Take photos, get witnesses to inspect, call the police and send him on his way immediately.
Time to take out the trash.
Cheers
thecrest

Technology For Motels.
Looking at the recent developments in technology, I suggest to anyone considering buying a motel to engage the services of an IT expert to assess the business from that perspective in order to estimate the costs of making any necessary improvements and gaining some upside for the business  e.g.
current website
booking…[Read more]

My eyeballs are rotating like scott no mates' logo looking at this triplicated post, extra coupla clicks there maybe.
cheers
thecrest

Not too old, obviously strategies change with life expectancy and investment preferences and goals.
You're in the right place here.
Some experts on the forum  have been here a long time and have many posts to their credit, been helping forum members extensively.
Always nice to see new members doing an intro so we can get to know them.
good…[Read more]

Horses for courses and personal tastes and different tools for different jobs.
cheers
thecrest

an apple a day keeps the android away

Are you still seeking hotels?
Can you give us some feedback on your search so far .?
Might help some forum members here.
cheers
thecrest

How does this investment perform in recessive periods?
Do customers treat it like discretionary spending and pull out  have garage sales, or  repack more tightly and downsize or close altogether ?
Cheers
thecrest

How does this investment perform in recessive periods?
Do customers treat it like discretionary spending and pull out  have garage sales, or  repack more tightly and downsize or close altogether ?
Cheers
thecrest

How much cost to fix the switch is preventing you from operating your business ?
Compare this to how much you think you are losing per week.
Remember, it's hard in most cases to prove the actual $ extent of loss without long term historic figures.
How can you prove exactly how many customers would've walked in your door and how much they would've…[Read more]

Agree with Terry about will complications, personally experienced this with a parent and the beneficiaries, even the antagonistic ones, couldn't wait to mutually agree to dissolve the "tenants in common" aspect of the funds dispersal.
Get full legal explanation from your solicitor before going anywhere near it, especially implications for probate.…[Read more]

Congrats Ben. Thanks for sharing the good news, when someone'sw walking on water coz it's all falling into place, we all get a boost of  the enthusiasm n energy right off the page. 
Another prime example of  "the harder you work the luckier you get".
That's what makes it fall into place. You deserve it.
Congrats…[Read more]